Sealed proof · filed Form 990-PF
GEORGE FAMILY FOUNDATION
EIN 41-1730855, tax year January 1, 2024 to December 31, 2024. The return the foundation filed, as the IRS published it, with its arithmetic re-done exactly and sealed September 28, 2026.
This is the latest return the IRS has published for this foundation. Its tax year ended 21 months ago, so a later one may have been filed since and not yet appear in the public file. The IRS received it on October 14, 2025.
The answer
Nothing carried into the next year: the return shows the year’s amount paid within the year.
Every line we re-do agrees with the return as filed.
Keep this record for the foundation, year on year: the Filing Record, the foundation’s own order, cancellable in writing for a full refund until thirty days after the filing deadline.
Qualifying distributions1.64×
the distributable amount (Part XI ÷ Part X)
Carried to next year$0
undistributed income, Part XII: nothing carried into the next year
Distributions as a rate8.0%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$82.7M
end of the tax year, Part II
Largest listed stock5.3%
GOLDMAN SACHS GROUP, INC.(THE) CMN
If that stock halved−2.7%
of total assets, from that one name
Filing Record: $2,600 a year, direct or at cost through the firm that prepares the return. This page stays whether or not the foundation buys anything. Cancel in writing for any reason, any time up to 30 days after your statutory 990-PF filing deadline (or 12 months from invoice, whichever is earlier): the year is refunded in full to the payer, and seals already generated remain checkable. Or write to a person →
Nothing here can be changed quietly. Try it
GEORGE FAMILY FOUNDATION · Form 990-PF, year ended December 31, 2024checking
Recomputing the seal in your browser…
The foundation’s own public return, sealed through the same free action as yours. Your edits stay in this page: nothing is sent and nothing is saved. A sealed copy shows nothing changed; it does not show the original was correct.
This page’s own short link: paretoalphasystems.com/p/9bb0c783b8f3 — it fits on a printed page, and whoever opens it can run the same check.
The return’s own arithmetic, re-done
| Line | As filed | Recomputed | Result |
|---|---|---|---|
| Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6) | $3,874,187 | $3,874,187.1 | recomputes, within the form's whole-dollar rounding (difference −$0.1) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $69,672 | $69,672.3322 | recomputes, within the form's whole-dollar rounding (difference −$0.3322) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $3,804,515 | $3,804,515 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $27,852 | <0.1% |
| Savings and temporary cash investments (line 2) | $1.9M | 2.4% |
| U.S. and state government obligations (line 10a) | $8.9M | 10.8% |
| Corporate stock (line 10b) | $18.2M | 22.0% |
| Corporate bonds (line 10c) | $11.6M | 14.0% |
| Other investments (line 13) | $42M | 50.8% |
The ten largest listed stocks, of 371 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 11.8 equal holdings; the ten largest are 61.2% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| GOLDMAN SACHS GROUP, INC.(THE) CMN | $4.4M | 5.3% |
| PGIM HIGH YIELD FUND CLASS Z | $2.4M | 2.9% |
| APPLE INC. CMN | $860,443 | 1.0% |
| NVIDIA CORPORATION CMN | $819,572 | 1.0% |
| NVIDIA CORPORATION CMN | $748,130 | 0.9% |
| MICROSOFT CORPORATION CMN | $709,385 | 0.9% |
| AMAZON.COM INC CMN | $463,571 | 0.6% |
| META PLATFORMS INC-CLASS A CMN CLASS A | $289,242 | 0.3% |
| TESLA, INC. CMN | $253,612 | 0.3% |
| ALPHABET INC. CMN CLASS A | $251,580 | 0.3% |
Largest other investments (line 13), as listed
| SPDR S&P 500 ETF TRUST | $14.4M | 17.4% |
| TECHNOLOGY SELECT INDEX 'SPDR' | $4.5M | 5.4% |
| ARTISAN: DYNAMIC EQUITY(NON-US EQUITY) OFFSHORE L.P. | $3.9M | 4.7% |
| WELLINGTON: NON-US EQUITY OFFSHORE LP | $2.8M | 3.4% |
| PRIVATE EQUITY MANAGERS (2017) OFFSHORE SCSP | $2.1M | 2.5% |
What the foundation answered on the form
- Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes? No
- Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy? No
- Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise? No
- Part VI-B 3b: did it have excess business holdings? Not answered (3a is “No”, so the form does not ask 3b. Our note; not part of the seal.)
- Part VI-B 2a: did it have undistributed income for prior years? No
Quoted as filed. These are the foundation’s own answers; this page does not test them.
Control statement · nine controls
Nine controls, read from the return.
Each control reads one part of the filed return and states a fact in a fixed vocabulary: agrees, differs, reported, not reported, not applicable, not checked. Whether any of it met a requirement is counsel’s question, not this page’s.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (controls v2, kernel@2026-09-15.1).
This return: 4 agree, 4 reported, 1 not checked.
| Control | Reads | Result | Detail |
|---|---|---|---|
| Minimum investment return | Part IX line 6 against 5% of line 5, prorated for a short year | agrees | Filed $3,874,187; recomputed $3,874,187.1; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $69,672; recomputed $69,672.33; agrees within the form's whole-dollar rounding. |
| Distributable amount | Part X line 7 against the form's own chain from line 1 | agrees | Filed $3,804,515; recomputed $3,804,515; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $6,231,754 against a distributable amount of $3,804,515 (1.64×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 31 December 2024: nothing carried into the next year, so nothing from this year falls due by 31 December 2025. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 371 listed holdings sum to Part II line 10b exactly; the largest is 5.3% of total assets. |
| The foundation's own answers | Part VI-B 2a, 3a, 3b, 4a and 4b, each answered | reported | All 4 answered No (3b not asked: 3a is No). |
| Filing timeliness | The e-file timestamp beside the original due date and the extension window, each with its IRC §7503 roll to the next business day | reported | Return timestamped 14 October 2025; the original due date was 15 May 2025; the six-month extension window ended 15 November 2025 (a Saturday, so 17 November 2025 under IRC §7503). Whether an extension was granted is not visible in the e-file; the timestamp is the preparer software's, not the IRS receipt. |
| Year-to-year continuity | This year's opening balances against last year's closing | not checked | Needs the prior year's return; one sealed year cannot check itself. |
A line that differs is the return’s figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding. The page is not indexed. It is read by whoever holds the link: the person who asked for it, and anyone the foundation sends it to, its preparer first.
Year-to-year continuity needs two filed years on record. The years, below, reads this foundation’s filed returns in order and holds each against the one before.
The calendar ahead
A payout is owed on last year’s assets, whatever this year’s market does.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (forward v2, kernel@2026-09-15.1). Read against October 8, 2026.
| By | What | Amount | Basis |
|---|---|---|---|
| May 15, 2026 Passed | Excise tax on the year ending 31 December 2025, due with that return by 15 May 2026. That date has passed; the figure for that year is on its own return, not this one. | $69,672 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $3,804,514 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the year ending December 31, 2025: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $3,099,349, $774,837 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 31 December 2025 equal this return's Part IX line 5, $77483742; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $5012398.
- No recoveries, income tax or deduction next year; the rates stay 5% and 1.39%; a full tax year.
- The fall shown is 20% of net noncharitable-use assets, applied to next year's average only; what is already owed was computed on this year's average and is unchanged.
- Forward kernel proof (the projection’s own, recomputed, not sealed)
5a2c342f7aaf3255…· kernel@2026-09-15.1 · forward v2, controls v2
- A projection under the stated assumptions, from the foundation's own filed figures; not a forecast, not advice.
- The foundation's preparer computes the actual amounts from the year's monthly values; this page states what the last return implies if nothing changes.
- What is already owed was computed on last year's average assets and does not change with this year's market.
The years · carryover chain
One return is one year. The payout is kept across six.
What a foundation leaves undistributed is due by the end of the next tax year, and what it distributes beyond the year’s amount may be applied in the five years after. So what is owed, and what may be set against it, is only readable across the filed years. The IRS publishes those years; this reads them in order, re-adds each Part XII, and holds each year’s opening lines against the year before’s closing lines.
Sealed under a hash of their own the first time they are opened; not part of the seal above.
Up to six filed returns, read from the IRS and sealed under one hash, at a page of their own. Nothing about you is recorded.
The seal
Recomputed just now: it matches what was sealed on September 28, 2026. Anyone can check it without us.
For your auditor: what this hash is over, and how to check it from the IRS’s own file
proof
9bb0c783b8f32ffa0619090bd5c571e1157818200e457cbbeea5419ab7975a97 · recomputed now, matchesreturn Form 990-PF, IRS object
202542879349100214, schema 2024v5.2 — the file as the IRS published it hashes to 4ff678ca09430005…source file
202542879349100214_public.xml inside 2025_TEOS_XML_11B.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 9bb0c783b8f3 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof d1923685411e69fa…rules
b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b · commit f80886675d1e — the digest of the 990-PF rules this proof was sealed under (body v2); a proof of the same return under later rules names this hash as supersededThis page is not listed on this site and asks search engines not to index it. It is reached by its link, which whoever asked for it holds.
This foundation’s finance lead or counsel: to add a note beside this page, ask for a correction, or keep the record, write to us.
11,842 foundation returns re-done by the same code; in 11,827 every line we recompute agrees. The study.
This page stays whether or not the foundation buys anything.
Filing Record: $2,600 a year, direct or carried at cost by the firm that prepares the return.
The program, and the full body that was hashed
let total_assets_fmv = 82693422 USD let mix_cash = share(27852 USD, total_assets_fmv) let mix_savings = share(1948823 USD, total_assets_fmv) let mix_government = share(8926207 USD, total_assets_fmv) let mix_stock = share(18225495 USD, total_assets_fmv) let mix_bonds = share(11562491 USD, total_assets_fmv) let mix_other = share(41997554 USD, total_assets_fmv) let net_noncharitable_assets = 77483742 USD let mir_filed = 3874187 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 5012398 USD let excise_filed = 69672 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 3804515 USD let distributable_recomputed = 3874187 USD - 69672 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 6231754 USD let payout_coverage = qualifying_distributions / distributable_filed let payout_rate = share(qualifying_distributions, net_noncharitable_assets) let undistributed_to_next_year = 0 USD let stocks = [4396004 USD, 2369200 USD, 860443 USD, 819572 USD, 748130 USD, 709385 USD, 463571 USD, 289242 USD, 253612 USD, 251580 USD, 207770 USD, 188198 USD, 154373 USD, 138188 USD, 120095 USD, 105725 USD, 98469 USD, 89190 USD, 89114 USD, 87523 USD, 73308 USD, 70902 USD, 68650 USD, 57378 USD, 54664 USD, 54477 USD, 54405 USD, 54085 USD, 49251 USD, 47264 USD, 46164 USD, 45803 USD, 45469 USD, 44798 USD, 44468 USD, 44000 USD, 43627 USD, 43243 USD, 41360 USD, 41266 USD, 41004 USD, 40384 USD, 40266 USD, 39327 USD, 39290 USD, 38879 USD, 37871 USD, 37850 USD, 36310 USD, 36113 USD, 35784 USD, 34906 USD, 34038 USD, 33784 USD, 33478 USD, 33408 USD, 33268 USD, 33232 USD, 32885 USD, 32768 USD, 32635 USD, 32504 USD, 32477 USD, 32350 USD, 32241 USD, 32234 USD, 32059 USD, 31926 USD, 31590 USD, 31567 USD, 31528 USD, 30726 USD, 30704 USD, 30444 USD, 30338 USD, 29810 USD, 29606 USD, 29496 USD, 29315 USD, 28868 USD, 28773 USD, 28636 USD, 28544 USD, 27979 USD, 27749 USD, 27575 USD, 27245 USD, 27104 USD, 27069 USD, 27027 USD, 26910 USD, 25763 USD, 25710 USD, 25658 USD, 25586 USD, 25200 USD, 25007 USD, 25004 USD, 24942 USD, 24669 USD, 24396 USD, 24263 USD, 23773 USD, 23728 USD, 23634 USD, 23388 USD, 23365 USD, 23262 USD, 22948 USD, 22794 USD, 22623 USD, 22406 USD, 22220 USD, 22166 USD, 22059 USD, 22031 USD, 22024 USD, 21986 USD, 21970 USD, 21965 USD, 21873 USD, 21630 USD, 21574 USD, 21159 USD, 21132 USD, 20807 USD, 20797 USD, 20744 USD, 20738 USD, 20642 USD, 20500 USD, 20466 USD, 20415 USD, 20164 USD, 19983 USD, 19789 USD, 19566 USD, 19552 USD, 19503 USD, 19408 USD, 19204 USD, 19193 USD, 19070 USD, 18934 USD, 18782 USD, 18747 USD, 18738 USD, 18611 USD, 18603 USD, 18513 USD, 18098 USD, 18090 USD, 18003 USD, 17958 USD, 17742 USD, 17397 USD, 17337 USD, 17096 USD, 16971 USD, 16970 USD, 16950 USD, 16749 USD, 16743 USD, 16727 USD, 16593 USD, 16432 USD, 16258 USD, 16235 USD, 16182 USD, 16031 USD, 15914 USD, 15883 USD, 15832 USD, 15784 USD, 15049 USD, 15032 USD, 14792 USD, 14558 USD, 14505 USD, 14420 USD, 14376 USD, 14330 USD, 14313 USD, 14293 USD, 14275 USD, 14194 USD, 14193 USD, 14055 USD, 13876 USD, 13846 USD, 13841 USD, 13765 USD, 13765 USD, 13752 USD, 13750 USD, 13663 USD, 13395 USD, 13353 USD, 13348 USD, 13224 USD, 12900 USD, 12832 USD, 12614 USD, 12604 USD, 12559 USD, 12501 USD, 12487 USD, 12484 USD, 12398 USD, 12200 USD, 12016 USD, 11970 USD, 11896 USD, 11805 USD, 11791 USD, 11624 USD, 11400 USD, 11271 USD, 11155 USD, 11124 USD, 11030 USD, 10808 USD, 10780 USD, 10588 USD, 10541 USD, 10483 USD, 10463 USD, 10431 USD, 10376 USD, 9901 USD, 9885 USD, 9854 USD, 9815 USD, 9648 USD, 9465 USD, 9464 USD, 9190 USD, 9136 USD, 9106 USD, 9089 USD, 8987 USD, 8900 USD, 8894 USD, 8748 USD, 8715 USD, 8683 USD, 8659 USD, 8651 USD, 8242 USD, 8057 USD, 7915 USD, 7665 USD, 7577 USD, 7330 USD, 7279 USD, 7265 USD, 7256 USD, 7228 USD, 7206 USD, 7148 USD, 7145 USD, 7129 USD, 7108 USD, 6986 USD, 6859 USD, 6836 USD, 6739 USD, 6650 USD, 6630 USD, 6570 USD, 6392 USD, 6380 USD, 6367 USD, 6319 USD, 6242 USD, 6191 USD, 6149 USD, 6118 USD, 5939 USD, 5931 USD, 5927 USD, 5901 USD, 5830 USD, 5559 USD, 5466 USD, 5404 USD, 5400 USD, 5386 USD, 5336 USD, 5241 USD, 5097 USD, 5076 USD, 5020 USD, 5003 USD, 4980 USD, 4951 USD, 4893 USD, 4880 USD, 4800 USD, 4784 USD, 4687 USD, 4658 USD, 4645 USD, 4614 USD, 4608 USD, 4582 USD, 4453 USD, 4452 USD, 4365 USD, 4323 USD, 4282 USD, 4268 USD, 4247 USD, 4191 USD, 4180 USD, 4155 USD, 4132 USD, 4075 USD, 4065 USD, 4007 USD, 3834 USD, 3824 USD, 3788 USD, 3750 USD, 3749 USD, 3731 USD, 3658 USD, 3608 USD, 3583 USD, 3561 USD, 3517 USD, 3429 USD, 3391 USD, 3240 USD, 3196 USD, 3164 USD, 2994 USD, 2964 USD, 2919 USD, 2866 USD, 2806 USD, 2768 USD, 2650 USD, 2650 USD, 2637 USD, 2599 USD, 2583 USD, 2550 USD, 2533 USD, 2522 USD, 2498 USD, 2389 USD, 2239 USD, 2119 USD, 2114 USD, 2094 USD, 2091 USD, 2040 USD, 2034 USD, 2005 USD, 1919 USD, 1733 USD, 1713 USD, 1695 USD, 1672 USD, 1496 USD, 1310 USD, 1297 USD, 1120 USD, 922 USD, 84 USD] let stock_count = count(stocks) let largest_stock = max(stocks) let largest_stock_share_of_assets = share(largest_stock, total_assets_fmv) let top10_share_of_stock = share(sum([4396004 USD, 2369200 USD, 860443 USD, 819572 USD, 748130 USD, 709385 USD, 463571 USD, 289242 USD, 253612 USD, 251580 USD]), sum(stocks)) let stock_concentration = hhi(stocks) let effective_stock_holdings = 1 / stock_concentration let largest_stock_halved_share_of_assets = share(largest_stock * 50%, total_assets_fmv)
{
"mix": [
{
"fmv": "27852",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.00033681034508403824429952844375"
},
{
"fmv": "1948823",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0235668442890173295767104667648"
},
{
"fmv": "8926207",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.10794337426258644853275028333"
},
{
"fmv": "18225495",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.22039836493887022839615949138"
},
{
"fmv": "11562491",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.13982358838651035628928259856"
},
{
"fmv": "41997554",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.50787055347643008412446639347"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "f80886675d1e9841aaf04d9ad7d91262ed5fee38",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "411730855",
"name": "GEORGE FAMILY FOUNDATION"
},
"scope": [
"Every figure here is the foundation's own filed return or exact arithmetic on it; nothing is estimated.",
"A 990-PF is a year-end snapshot. Prudence is judged at the time of each decision, which a filing cannot show.",
"This page neither establishes nor rules out any tax consequence, and no return is prepared or amended here.",
"A line that differs is the return's figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding."
],
"checks": [
{
"id": "minimum_investment_return",
"note": null,
"filed": "3874187",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "-0.1",
"recomputed": "3874187.1"
},
{
"id": "excise_tax",
"note": null,
"filed": "69672",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.3322",
"recomputed": "69672.3322"
},
{
"id": "distributable_amount",
"note": null,
"filed": "3804515",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "3804515"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "5012398",
"grossInvestmentIncome": "5233403",
"netNoncharitableAssets": "77483742",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202542879349100214",
"returnTs": "2025-10-14T11:42:20-05:00",
"operating": false,
"sourceSha256": "4ff678ca09430005cef541fa4110d7c69b411a13c2b331e2a97916a3dd95a503",
"returnVersion": "2024v5.2",
"partXBoxChecked": false
},
"answers": [
{
"answer": "No",
"question": "Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes?"
},
{
"answer": "No",
"question": "Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy?"
},
{
"answer": "No",
"question": "Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise?"
},
{
"answer": "Not answered",
"question": "Part VI-B 3b: did it have excess business holdings?"
},
{
"answer": "No",
"question": "Part VI-B 2a: did it have undistributed income for prior years?"
}
],
"program": "let total_assets_fmv = 82693422 USD\nlet mix_cash = share(27852 USD, total_assets_fmv)\nlet mix_savings = share(1948823 USD, total_assets_fmv)\nlet mix_government = share(8926207 USD, total_assets_fmv)\nlet mix_stock = share(18225495 USD, total_assets_fmv)\nlet mix_bonds = share(11562491 USD, total_assets_fmv)\nlet mix_other = share(41997554 USD, total_assets_fmv)\nlet net_noncharitable_assets = 77483742 USD\nlet mir_filed = 3874187 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 5012398 USD\nlet excise_filed = 69672 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 3804515 USD\nlet distributable_recomputed = 3874187 USD - 69672 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 6231754 USD\nlet payout_coverage = qualifying_distributions / distributable_filed\nlet payout_rate = share(qualifying_distributions, net_noncharitable_assets)\nlet undistributed_to_next_year = 0 USD\nlet stocks = [4396004 USD, 2369200 USD, 860443 USD, 819572 USD, 748130 USD, 709385 USD, 463571 USD, 289242 USD, 253612 USD, 251580 USD, 207770 USD, 188198 USD, 154373 USD, 138188 USD, 120095 USD, 105725 USD, 98469 USD, 89190 USD, 89114 USD, 87523 USD, 73308 USD, 70902 USD, 68650 USD, 57378 USD, 54664 USD, 54477 USD, 54405 USD, 54085 USD, 49251 USD, 47264 USD, 46164 USD, 45803 USD, 45469 USD, 44798 USD, 44468 USD, 44000 USD, 43627 USD, 43243 USD, 41360 USD, 41266 USD, 41004 USD, 40384 USD, 40266 USD, 39327 USD, 39290 USD, 38879 USD, 37871 USD, 37850 USD, 36310 USD, 36113 USD, 35784 USD, 34906 USD, 34038 USD, 33784 USD, 33478 USD, 33408 USD, 33268 USD, 33232 USD, 32885 USD, 32768 USD, 32635 USD, 32504 USD, 32477 USD, 32350 USD, 32241 USD, 32234 USD, 32059 USD, 31926 USD, 31590 USD, 31567 USD, 31528 USD, 30726 USD, 30704 USD, 30444 USD, 30338 USD, 29810 USD, 29606 USD, 29496 USD, 29315 USD, 28868 USD, 28773 USD, 28636 USD, 28544 USD, 27979 USD, 27749 USD, 27575 USD, 27245 USD, 27104 USD, 27069 USD, 27027 USD, 26910 USD, 25763 USD, 25710 USD, 25658 USD, 25586 USD, 25200 USD, 25007 USD, 25004 USD, 24942 USD, 24669 USD, 24396 USD, 24263 USD, 23773 USD, 23728 USD, 23634 USD, 23388 USD, 23365 USD, 23262 USD, 22948 USD, 22794 USD, 22623 USD, 22406 USD, 22220 USD, 22166 USD, 22059 USD, 22031 USD, 22024 USD, 21986 USD, 21970 USD, 21965 USD, 21873 USD, 21630 USD, 21574 USD, 21159 USD, 21132 USD, 20807 USD, 20797 USD, 20744 USD, 20738 USD, 20642 USD, 20500 USD, 20466 USD, 20415 USD, 20164 USD, 19983 USD, 19789 USD, 19566 USD, 19552 USD, 19503 USD, 19408 USD, 19204 USD, 19193 USD, 19070 USD, 18934 USD, 18782 USD, 18747 USD, 18738 USD, 18611 USD, 18603 USD, 18513 USD, 18098 USD, 18090 USD, 18003 USD, 17958 USD, 17742 USD, 17397 USD, 17337 USD, 17096 USD, 16971 USD, 16970 USD, 16950 USD, 16749 USD, 16743 USD, 16727 USD, 16593 USD, 16432 USD, 16258 USD, 16235 USD, 16182 USD, 16031 USD, 15914 USD, 15883 USD, 15832 USD, 15784 USD, 15049 USD, 15032 USD, 14792 USD, 14558 USD, 14505 USD, 14420 USD, 14376 USD, 14330 USD, 14313 USD, 14293 USD, 14275 USD, 14194 USD, 14193 USD, 14055 USD, 13876 USD, 13846 USD, 13841 USD, 13765 USD, 13765 USD, 13752 USD, 13750 USD, 13663 USD, 13395 USD, 13353 USD, 13348 USD, 13224 USD, 12900 USD, 12832 USD, 12614 USD, 12604 USD, 12559 USD, 12501 USD, 12487 USD, 12484 USD, 12398 USD, 12200 USD, 12016 USD, 11970 USD, 11896 USD, 11805 USD, 11791 USD, 11624 USD, 11400 USD, 11271 USD, 11155 USD, 11124 USD, 11030 USD, 10808 USD, 10780 USD, 10588 USD, 10541 USD, 10483 USD, 10463 USD, 10431 USD, 10376 USD, 9901 USD, 9885 USD, 9854 USD, 9815 USD, 9648 USD, 9465 USD, 9464 USD, 9190 USD, 9136 USD, 9106 USD, 9089 USD, 8987 USD, 8900 USD, 8894 USD, 8748 USD, 8715 USD, 8683 USD, 8659 USD, 8651 USD, 8242 USD, 8057 USD, 7915 USD, 7665 USD, 7577 USD, 7330 USD, 7279 USD, 7265 USD, 7256 USD, 7228 USD, 7206 USD, 7148 USD, 7145 USD, 7129 USD, 7108 USD, 6986 USD, 6859 USD, 6836 USD, 6739 USD, 6650 USD, 6630 USD, 6570 USD, 6392 USD, 6380 USD, 6367 USD, 6319 USD, 6242 USD, 6191 USD, 6149 USD, 6118 USD, 5939 USD, 5931 USD, 5927 USD, 5901 USD, 5830 USD, 5559 USD, 5466 USD, 5404 USD, 5400 USD, 5386 USD, 5336 USD, 5241 USD, 5097 USD, 5076 USD, 5020 USD, 5003 USD, 4980 USD, 4951 USD, 4893 USD, 4880 USD, 4800 USD, 4784 USD, 4687 USD, 4658 USD, 4645 USD, 4614 USD, 4608 USD, 4582 USD, 4453 USD, 4452 USD, 4365 USD, 4323 USD, 4282 USD, 4268 USD, 4247 USD, 4191 USD, 4180 USD, 4155 USD, 4132 USD, 4075 USD, 4065 USD, 4007 USD, 3834 USD, 3824 USD, 3788 USD, 3750 USD, 3749 USD, 3731 USD, 3658 USD, 3608 USD, 3583 USD, 3561 USD, 3517 USD, 3429 USD, 3391 USD, 3240 USD, 3196 USD, 3164 USD, 2994 USD, 2964 USD, 2919 USD, 2866 USD, 2806 USD, 2768 USD, 2650 USD, 2650 USD, 2637 USD, 2599 USD, 2583 USD, 2550 USD, 2533 USD, 2522 USD, 2498 USD, 2389 USD, 2239 USD, 2119 USD, 2114 USD, 2094 USD, 2091 USD, 2040 USD, 2034 USD, 2005 USD, 1919 USD, 1733 USD, 1713 USD, 1695 USD, 1672 USD, 1496 USD, 1310 USD, 1297 USD, 1120 USD, 922 USD, 84 USD]\nlet stock_count = count(stocks)\nlet largest_stock = max(stocks)\nlet largest_stock_share_of_assets = share(largest_stock, total_assets_fmv)\nlet top10_share_of_stock = share(sum([4396004 USD, 2369200 USD, 860443 USD, 819572 USD, 748130 USD, 709385 USD, 463571 USD, 289242 USD, 253612 USD, 251580 USD]), sum(stocks))\nlet stock_concentration = hhi(stocks)\nlet effective_stock_holdings = 1 / stock_concentration\nlet largest_stock_halved_share_of_assets = share(largest_stock * 50%, total_assets_fmv)",
"results": {
"mix_cash": "0.00033681034508403824429952844375",
"mir_filed": "3874187 USD",
"mix_bonds": "0.13982358838651035628928259856",
"mix_other": "0.50787055347643008412446639347",
"mix_stock": "0.22039836493887022839615949138",
"mix_savings": "0.0235668442890173295767104667648",
"payout_rate": "0.0804266009764990441478678198066",
"stock_count": "371",
"excise_filed": "69672 USD",
"largest_stock": "4396004 USD",
"mir_difference": "-0.1 USD",
"mir_recomputed": "3874187.1 USD",
"mix_government": "0.10794337426258644853275028333",
"payout_coverage": "1.63798907350871267428305579029",
"total_assets_fmv": "82693422 USD",
"excise_difference": "-0.3322 USD",
"excise_recomputed": "69672.3322 USD",
"distributable_filed": "3804515 USD",
"stock_concentration": "0.0848262383822817705851529976592",
"top10_share_of_stock": "0.612369595448573550402883433344",
"net_investment_income": "5012398 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "3804515 USD",
"effective_stock_holdings": "11.7888051983792405797853263191",
"net_noncharitable_assets": "77483742 USD",
"qualifying_distributions": "6231754 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0531602622515730453142935601335",
"largest_stock_halved_share_of_assets": "0.0265801311257865226571467800667"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "4396004",
"name": "GOLDMAN SACHS GROUP, INC.(THE) CMN",
"shareOfAssets": "0.0531602622515730453142935601335"
},
{
"fmv": "2369200",
"name": "PGIM HIGH YIELD FUND CLASS Z",
"shareOfAssets": "0.0286504046234777900471938384652"
},
{
"fmv": "860443",
"name": "APPLE INC. CMN",
"shareOfAssets": "0.0104052169953735860634718926011"
},
{
"fmv": "819572",
"name": "NVIDIA CORPORATION CMN",
"shareOfAssets": "0.00991096970203990348833308651805"
},
{
"fmv": "748130",
"name": "NVIDIA CORPORATION CMN",
"shareOfAssets": "0.00904703157646565890089782473871"
},
{
"fmv": "709385",
"name": "MICROSOFT CORPORATION CMN",
"shareOfAssets": "0.00857849370413042043416706107531"
},
{
"fmv": "463571",
"name": "AMAZON.COM INC CMN",
"shareOfAssets": "0.00560589934227174683858167098225"
},
{
"fmv": "289242",
"name": "META PLATFORMS INC-CLASS A CMN CLASS A",
"shareOfAssets": "0.00349776309898023085802399131578"
},
{
"fmv": "253612",
"name": "TESLA, INC. CMN",
"shareOfAssets": "0.00306689448648043613432758895865"
},
{
"fmv": "251580",
"name": "ALPHABET INC. CMN CLASS A",
"shareOfAssets": "0.0030423217943502205048425738144"
}
],
"count": 371,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "d1923685411e69faeb0e1418bfdb9af331e5066a03cf6dcd3f797dcdb54bcee4",
"otherInvestments": [
{
"fmv": "14419465",
"name": "SPDR S&P 500 ETF TRUST",
"shareOfAssets": "0.174372575850108125891803098921"
},
{
"fmv": "4502052",
"name": "TECHNOLOGY SELECT INDEX 'SPDR'",
"shareOfAssets": "0.0544426859006995743869445867169"
},
{
"fmv": "3862933",
"name": "ARTISAN: DYNAMIC EQUITY(NON-US EQUITY) OFFSHORE L.P.",
"shareOfAssets": "0.0467139091184302422507076802312"
},
{
"fmv": "2820258",
"name": "WELLINGTON: NON-US EQUITY OFFSHORE LP",
"shareOfAssets": "0.034104986004811845856372953099"
},
{
"fmv": "2103606",
"name": "PRIVATE EQUITY MANAGERS (2017) OFFSHORE SCSP",
"shareOfAssets": "0.0254386134848791237590820706392"
}
]
}The seal’s own scope:
- Every figure here is the foundation's own filed return or exact arithmetic on it; nothing is estimated.
- A 990-PF is a year-end snapshot. Prudence is judged at the time of each decision, which a filing cannot show.
- This page neither establishes nor rules out any tax consequence, and no return is prepared or amended here.
- A line that differs is the return's figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding.
We don’t prepare or file a 990-PF. We read the one the foundation filed, re-do its arithmetic exactly, and seal what it says.